Minister of Islamic Affairs and Endowments Dr Mohamed Shaheem Ali Saeed has met with a delegation from Zanzibar to discuss opportunities for strengthening cooperation in Islamic finance, zakat administration and waqf development.
Minister of Islamic Affairs and Endowments Dr Mohamed Shaheem Ali Saeed has met with a delegation from Zanzibar to discuss opportunities for strengthening cooperation in Islamic finance, zakat administration and waqf development.
According to the Ministry of Islamic Affairs and Endowments, the meeting was held at the ministry and focused on identifying areas of mutual interest and strengthening institutional ties between the Maldives and Zanzibar.
The visiting delegation included CPA Juma Amour Mohammed, Chairman of Zanzibar Treasury Sukuk SPV, Ihsaan Takaful and Financial Services, and the Zanzibar Economic Empowerment Agency; Dr Abdalla Ussi Hamad, Chairman of the ZIC Takaful Shariah Advisory Board and a board member of the Waqf and Trust Commission; and Dr Rajab Omar Rajab, a member of the ZIC Takaful Shariah Advisory Board.
Dr Shaheem was accompanied by Minister of State for Islamic Affairs Dr Mohamed Shujau Abdul Hakeem, Maldives Awqaf Investments Limited Managing Director Yameen Idrees, and Maldives Zakat House Director General Sheikh Imthithou Abbas.
During the meeting, the minister welcomed the delegation and expressed appreciation for its visit and interest in developing closer institutional relations.
Discussions centred on potential collaboration in Shariah-compliant financial services, strengthening zakat management, developing sustainable waqf investment frameworks and advancing Islamic economic empowerment initiatives.
The two sides also discussed opportunities to exchange expertise and institutional knowledge to support the development of Islamic financial services and social welfare systems, while exploring closer cooperation between relevant organisations in the Maldives and Zanzibar.
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